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HomeMy WebLinkAboutSR - Finance Distributed Renewable Energy SourcesCITY OF PALM DESERT OFFICE OF ENERGY MANAGEMENT STAFF REPORT REQUEST: APPROVE RESOLUTION NO. 08-75 SUBMITTED BY: Patrick Conlon, Director of Office of Energy Management DATE: July 21, 2008 CONTENTS: 1) Resolution 08-75 Recommendation: By Minute Motion: Approve City Council Resolution No. 08-75 declaring its intention to finance distributed generation renewable energy sources and energy efficiency improvements to homes and businesses within Palm Desert. Discussion: Resolution 08-75 is the first step in a two-step process necessary for the adoption of the Palm Desert Energy Independence Program that was recently authorized by the passage of Assembly Bill 811. This Resolution declares the intent of the City Council to finance distributed energy generation and energy efficiency improvements through the use of contractual assessments pursuant to Chapter 29 of Part 3 of Division 7 of the California Streets and Highways Code. This Resolution also authorizes staff to complete the details of the proposed financing program, as specified in Section 6 and Section 7 of the Resolution. This Resolution also sets the date of August 28, 2008 for the public hearing necessary for the final adoption of this proposed program. All the specifics of this proposed financing program will be completed and published prior to the public hearing date of Thursday, August 28. Resolution No. 08-75 has been prepared by Tricia Ortiz, our legal council at Richards, Watson & Gershon. Submitted by: 6,5_,A___ Pat. ick Conlon Director, Office of Energy Management Approval: Carlos Ort: ,-a City Manager REGULAR PALM DESERT CITY COUNCIL MEETING JULY 24, 2008 XII. RESOLUTIONS A. RESOLUTION NO. 08-75 - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, DECLARING ITS INTENTION TO FINANCE DISTRIBUTED GENERATION RENEWABLE ENERGY SOURCES AND ENERGY EFFICIENCY IMPROVEMENTS THROUGH THE USE OF CONTRACTUAL ASSESSMENTS PURSUANT TO CHAPTER 29 OF PART 3 OF DIVISION 7 OF THE CALIFORNIA STREETS AND HIGHWAYS CODE AND SETTING A PUBLIC HEARING THERON. Rec: Waive further reading and adopt. Action: Adopted Res. No. 08-75. 4-0 (Benson ABSENT) ;;ITX COUNCl/ACTION: APPROVED DENIED, REDIVED ... � OTHER 2, '': MET - DATE AYES : NOES : �l� .—®—.-,, ABSENT : YX) ..... ABSTAIN: re-- ., VERIFIED BY : idJk /r m Driginal on File `l City Clerk e s OffieE